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Functional Backpacks Ltd

11688850

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

THE WHITE HOUSE, WARRINGTON, WA4 6HL
Incorporated 21/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Daniel Francis Costello

director · Since 04/09/2019

MARKETING DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Olivia Laura Dyer

director · Since 27/05/2024

FINANCE DIRECTOR

BRITISH · UNITED KINGDO · Age 44

Also on 1 other board

Persons with Significant Control

Functional Backpacks (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

The White House, Greenalls Avenue, Warrington, WA4 6HL

Reg: 14398258 · England And Wales · Limited Company

Notified 19/10/2022

Former PSCs

Mr Nicholas Stephen Costello

Ceased 19/10/2022

Mr Daniel Francis Costello

Ceased 19/10/2022

Charges4 outstanding

Charge
outstanding

NORTH WEST BUSINESS GROWTH LOANS LIMITED

Created 31/03/2026Registered 01/04/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/02/2026Registered 20/02/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/12/2025Registered 22/12/2025
Charge
satisfied

WEDO TRADE FINANCE LTD

Created 16/08/2023Registered 04/09/2023Satisfied 03/02/2026
Charge
outstanding

MERSEYSIDE LOAN AND EQUITY FUND LLP

Created 19/10/2022Registered 19/10/2022
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 09/05/2020Registered 13/05/2020Satisfied 31/10/2022

CompanyRankvs 3974+ SIC 47640 peers
30

Financial strength10th percentile among SIC peers · 3/25
Employees96th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3974Functional Backpacks Ltd
39
How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2023

Net Worth

-£26k

Balance sheet strength

Cash

£405k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£1.3M

Fixed Assets

£48k

Debtors

£370k

10avg. employees
Prepared with Silverfin